This quaint Italian styled corner coffee shop, located in the chic, elegant, affluent and fast expanding Melrose Arch & surroundings, offers an excellent opportunity to build on the current owner's reputation of serving the best coffee in the precinct already famous for its boutique and cafe culture.
With the surroundings known for its people-friendly meeting places, amazing buildings and curved streets and a vibrant atmosphere. Melrose Arch and surroundings are indeed intriguing and building on its award-winning reputation of "The Place to See and Be Seen".
The shop has significant potential to grow its revenue base further with a positive growth history over the last two years, and is offered at a very attractive discounted selling price.
Selling at R 290,000 excluding stock at R25,000
And offers a Price Earnings ratio of R290,000/R120,000 = 2.4 and a payback period of 29 months, i.e. a Return on Investment of 41%